Anonymous posted an Question
June 27, 2020 • 19:27 pm 65 points
  • UGC NET
  • Management

Who given the concept of break even point in economics

2 Answer(s) Answer Now
  • 0 Likes
  • 3 Comments
  • 0 Shares
  • Anonymous User best-answer

    Break-even (or break even), often abbreviated as B/E in finance, is the point of balance making neither a profit nor a loss. Any number below the break-even point constitutes a loss while any number above it shows a profit. The term originates in finance but the concept has been applied in other fields.

  • Anonymous User Best Answer

    Break-even (or break even), often abbreviated as B/E in finance, is the point of balance making neither a profit nor a loss. Any number below the break-even point constitutes a loss while any number above it shows a profit. The term originates in finance but the concept has been applied in other fields.

whatsapp-btn

Do You Want Better RANK in Your Exam?

Start Your Preparations with Eduncle’s FREE Study Material

  • Updated Syllabus, Paper Pattern & Full Exam Details
  • Sample Theory of Most Important Topic
  • Model Test Paper with Detailed Solutions
  • Last 5 Years Question Papers & Answers